Sandstorm Metals & Energy Ltd STTYF

RE: RE: RE: ur joking right

[zentrarianNZ]

Inflation (in prices - as opposed to the money supply - the true definition of inflation) could take off at any time. It depends more on the actions of central w(b)ankers and the velocity of money than on the status of the USD vs. the euro or yen. Gold will stabilize or perhaps decline a bit further as hot money floods (temporarily) into the bond and stock markets, but downward cost pressure on the gold price will be met by continued massive demand for physical. High cost gold producers will be forced into shutdowns or bankruptcy, but since the global stock of gold dwarfs the annual mine supply, it will have little to no effect on the gold price. Certainly at some point, market fundamentals will reassert themselves and gold "will take off to new highs." But probably well before "Euro and Japan crumble", whatever that means. Other than that, I agree with your post.